Pakistan, July 15 -- The United States launched a fresh wave of strikes on Iran after restoring a naval blockade on Wednesday, reigniting direct conflict. The escalation threatens global oil supplies through the Strait of Hormuz and raises fears of wider regional instability. Iran, Gulf nations, commercial shipping, and international energy markets are directly affected by the renewed hostilities.

US Central Command said the operation targeted Iranian military assets used to threaten commercial shipping in the Strait of Hormuz. Iranian state media reported explosions near Bandar Abbas, Qeshm Island, Bandar Imam Khomeini, and Bushehr. Iran's Revolutionary Guards claimed they targeted the US Fifth Fleet in Bahrain, while Jordan said it int...